Semi finished apartment 206m for sale in Venia New Capital

3 Bedrooms Apartment for Sale in Venia New Capital

3    
Reference: GB128182
EGP 2,902,385
Category:
Apartments / Sale
Price:
EGP 2,902,385 Installment
Price / Sqm:
EGP 14,089 Per Sqm
Finishing Status:
Semi Finished
Area:
206 M2
No of Floors:
Bedrooms:
3
View:
Wide View
Delivery Date:
2024
Allowable height:
Last Updated:
Mon 22 May 2023

The Developer is obligated to obtain all necessary permits and licenses from regulatory authorities before starting any construction activity. This includes obtaining approvals from the Egyptian New Urban Communities Authority (NUCA), the government agency responsible for regulating and approving real estate development projects in Egypt.

Furthermore, prospective buyers must undertake proper legal due diligence before entering into any purchase agreement or contract. This would involve verifying the developer's legal ownership of the land, reviewing the construction plans to ensure they are compliant with regulations, and identifying any potential legal issues that may arise in the future.

A potential buyer should hire an attorney to review the purchase agreement and ensure that it contains all necessary legal provisions. The agreement should document all pertinent financial and property details, such as conveyance documentation and closing costs, as well as any other provisions relevant to the purchase.

After purchasing a Semi-finished apartment in Venia New Capital, potential buyers must comply with all legal obligations related to ownership. Owners have to adhere to building management bylaws, maintain the property's quality, and pay all property taxes and utility bills on time.

In conclusion, Semi-finished apartments for sale in Venia New Capital, Egypt present an exciting investment opportunity for potential buyers. However, it is vital for buyers to conduct proper legal due diligence to ensure regulatory compliance and avoid any potential legal issues in the future. Engaging with legal professionals throughout the purchase process will ensure the buyer's interests are protected, as well as ensure that they remain in compliance with all legal requirements throughout their ownership tenure.